LME 3-month lead closes $1 lower at $1.984 a ton

LME 3-month lead closes $1 lower at $1.984 a ton

The London Metal Exchange (LME) reported a significant drop in the 3-month lead price, closing at $1.984 per ton on July 2, 2025. This marks a decrease of $1 from the previous closing price, indicating a notable downward trend in the lead market. The volume and open interest data for the 28th of August 2025 are not available, but the intraday prices and price graphs for the 28th of August 2025 can be accessed through the LME website.

The decline in the lead price is likely influenced by a combination of factors, including market supply and demand dynamics, as well as geopolitical tensions. The recent trade disputes and export restrictions imposed by China on rare earths have disrupted the supply chain, leading to increased prices for key materials used in various industries. However, the lead market has shown resilience in the face of these disruptions, with prices stabilizing at lower levels.

The LME lead market is closely monitored by investors and financial professionals due to its role in various sectors, including automotive, construction, and manufacturing. The recent price drop may signal a shift in market sentiment, with buyers potentially anticipating further price declines or expecting an improvement in supply conditions.

For more detailed information on the lead market, including historical prices and monthly averages, investors and financial professionals are encouraged to log in or register on the LME website.

References:
[1] https://energynews.oedigital.com/mining/2025/08/26/rare-earth-prices-reach-twoyear-high-after-mp-materials-stops-china-shipments
[2] https://www.lme.com/en/metals/non-ferrous/lme-lead